Objective While it may sound strange considering how often coffee is consumed around the world, current professional espresso machines on the market are highly energy inefficient and struggle to consistently achieve and maintain the desired coffee taste quality that people in the industry refer to as “the god shot”. Realizing this market opportunity, an engineering automation company, Eurek SRL, and coffee machine manufacturer, 8B, have partnered to design a new machine that helps bars, restaurants and coffee shops save 50% of their electricity costs while also ensuring customers are served a delicious cup of coffee at any time of day.There have been significant improvements in control technologies that operate coffee machines but the basic internal construction and process of making espresso has changed very little. A coffee machine utilized in a commercial environment must be left switched on 24 hours a day to ensure that the hot water temperature is maintained. This leads to electricity costs that can exceed €7,000 per year.Our innovative design utilizes a modular approach that takes advantage of heating exchange technology to half electricity costs while also ensuring a premium quality coffee brew. New coffee machine designs have so far been unable to achieve this combination.Our new technology therefore has the potential to completely revolutionize the Espresso Coffee Machine industry, which is worth approximately €536 million in Europe alone with over 180,000 espresso machines sold annually. We expect our machine to generate revenues of €8 million by 2022, resulting in profits of €3.35 million that will be split between our two companies. Fields of science engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringnatural sciencescomputer and information sciencessoftwaresocial sciencessociologyindustrial relationsautomation Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SIE-01-2015-1 - Stimulating the innovation potential of SMEs for a low carbon energy system Call for proposal H2020-SMEInst-2014-2015 See other projects for this call Sub call H2020-SMEINST-1-2015 Funding Scheme SME-1 - SME instrument phase 1 Coordinator EUREK SRL Net EU contribution € 50 000,00 Address VIA CELLETTA 8-B 40026 IMOLA Italy See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Nord-Est Emilia-Romagna Bologna Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00 Participants (1) Sort alphabetically Sort by Net EU contribution Expand all Collapse all 8 B SRL Italy Net EU contribution € 0,00 Address LOCALITA PLAN FELINAZ 26 11020 CHARVENSOD See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Nord-Ovest Valle d’Aosta/Vallée d’Aoste Valle d’Aosta/Vallée d’Aoste Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost No data
